I don’t think you can consistently be a winning trader if you’re banking on being right more than 50 percent of the time. You have to figure out how to ...
Don't try to buy at the bottom or sell at the top
- Bernard Baruch
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Bernard Baruch on Trading by DaytradingBias.com
In trading, you can’t hide your failures. Your equity provides a daily reflection of your performance. The trader who tries to blame his losses on external events will never learn ...
The most important rule of trading is to play good defence, not great offence.
- Paul Tudor Jones
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Paul Tudor Jones on Defense ...
... if you cannot accept that losses will occur, then you cannot accept a good trading system that will make a lot of money in the long run but might ...
One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do.
- Jim Rogers
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If you don't know who you are, this is an expensive place to find out.
- George Goodman
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George Goodman on Stock Market ...
Don’t overestimate the skill and wisdom of professionals.
- Peter Lynch
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Peter Lynch on Professionals by DaytradingBias.com
Being wrong is acceptable, but staying wrong is totally unacceptable.
Being wrong isn’t a choice, but staying wrong is.
- Mark Minnervini
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Mark Minnervini ...
Anyone who buys or sells a stock, a bond or a commodity for profit is speculating if he employs intelligent foresight. If he does not, he is gambling.
- Richard ...